Investments

Magna Tyres Group expanding OTR tyre production at the Hardenberg (NL) plant

August 17, 2018
Magna Tyres Group expanding OTR tyre production at the Hardenberg (NL) plant

As an industry leader, and currently the fastest growing OTR company in the world, Magna Tyres Group is committed to delivering the premium quality and guaranteeing the product availability demanded by its ever-growing customer base. Earlier this year Magna Tyres…

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Vibracoustic invests EUR4 mn in expansion of Polish plant

August 10, 2018
Vibracoustic invests EUR4 mn in expansion of Polish plant

Vibracoustic, a provider of vibration control solutions for the automotive industry, is expanding its Polish plant Sroda Slaska I with an investment of around EUR4 million. With this, the company says it seeks to expand its leading market position and…

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Bridgestone investing EUR160 mn in Polish tyre plant

August 10, 2018
Bridgestone investing EUR160 mn in Polish tyre plant

Bridgestone, the world’s largest tyre manufacturer, plans to invest around EUR 164.24 million in its plant in Pozna?, Western Poland, by 2022, to boost its capacity by 30%, the company said recently. The planned investments include the purchase of modern…

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Arlanxeo investing in rubber sites in Brazil and France

August 9, 2018
Arlanxeo investing in rubber sites in Brazil and France

Netherlands-headquartered synthetic rubber firm Arlanxeo says it is strengthening its position as the world’s leading manufacturer of synthetic rubber with an investment in EUR mid double-digit million to modernise its production sites in Triunfo, Brazil and La Wantzenau, France. In…

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Ford sets up self-drive subsidiary; investment of US$4 bn

July 29, 2018
Ford sets up self-drive subsidiary; investment of US$4 bn

US automotive company Ford Motor Company has created Ford Autonomous Vehicles LLC, a new organisation charged with accelerating its self-driving business. It will include Ford’s self-driving systems integration, autonomous vehicle research and advanced engineering, AV transportation-as-a-service network development, user experience,…

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Arlanxeo invests in SR facilities in Brazil and France; to modernise and produce more grades

July 4, 2018
Arlanxeo invests in SR facilities in Brazil and France; to modernise and produce more grades

German speciality chemicals firm Arlanxeo says it is strengthening its position as the world’s leading manufacturer of synthetic rubber (SR). Over the next three years, it will invest EUR mid double-digit million to modernise its production sites in Triunfo, Brazil,…

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Pirelli announces EUR250 million investment for its 2017-2020 industrial plan in Latin America

March 28, 2018
Pirelli announces EUR250 million investment for its 2017-2020 industrial plan in Latin America

Pirelli’s Executive Vice Chairman and CEO Marco Tronchetti Provera recently announced that the tyre manufacturer has invested EUR250 million into its Latin American market. He said this is part of an industrial plan from 2017 to 2020. The investments will…

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Demand for rubber mechanical goods to grow 6.3% annually through 2022

March 14, 2018
Demand for rubber mechanical goods to grow 6.3% annually through 2022

Global demand for rubber mechanical goods is forecast to advance 6.3% per year to US$76.7 billion in 2021. It is in line with the anticipated gains for the market as a whole, although this rate of growth is a major…

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Continental invests in EUR10 million distribution centre in Germany

January 4, 2018
Continental invests in EUR10 million distribution centre in Germany

Technology company Continental wants to commission a new, cutting-edge distribution center near to the Hanover-Langenhagen airport at the end of 2018. It will invest more than EUR10 million in equipment and machinery. The aim is for drive belts and surface…

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Volkswagen to invest US$27 billion in core brand until 2022

November 20, 2017
Volkswagen to invest US$27 billion in core brand until 2022

German automaker Volkswagen will invest EUR22.8 billion (US$26.9 billion) in its main car brand over the next five years. Most of that sum, around EUR14 billion, will be spent in Germany, Volkswagen said, adding that one of the key measures…

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Rubber Prices
(Last Updated: 17 Oct 2018)

Monthly The prices shown above do not include VAT @4% on purchase and expenses towards packing, transportation, warehousing  and other incidentals


Source: Latex India

Automotive

PRA ELECTRONIC ISSUE
PRA 2018 October

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